In: Accounting
for process costing
1. Based on your chosen costing article, briefly summarise how the
costing system was designed and
implemented in your real-life organisation.
2. Based on your chosen costing article, did the costing system in
the study satisfy the features discussed in
Part A (Q1)? Why or why not? Include examples in your answer from
your costing article.
3. Based on your chosen costing article, how useful was the cost
information to the internal users in the
organisation? Discuss with examples from your costing article.
4. Based on your literature findings, state two key lessons that
would inform contemporary organisations
about the practical use of your chosen costing system.
managerial accounting